Ageas UK swings to operating loss in Q1 following Ogden impact
Ageas UK posted an operating loss in the first quarter of 2017 compared with a £21.3m profit in Q1 2016.
Ageas saw a Q1 operating loss of £4.6m with a £17.6m impact from the Ogden discount rate changes compared with £46m for 2016. Ageas is expecting a further hit of between £16.8m and £21m for the rest
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